consumer price inflation

Following a successful midterm election, Joe Biden is all set to begin the second half of the first term of his presidency. Biden Traverses Bumpy Road: The ride for Biden thus far has been bumpy. The ascension to the highest office did not go smoothly as his predecessor Donald Trump took...

Trading in the index futures suggests a negative start on Thursday, as traders digest the December consumer price inflation data that came in line with expectations. The strong gains in the run-up to the inflation data are potentially weighing down on sentiment. What Happened: On Wednesday,...

Ahead of the December consumer price inflation print, an economist warned — much against the widely-held view — that inflationary pressure isn't likely to mitigate. What Happened: Inflation would head higher and put upward pressure on long-term interest rates and unemployment...

The index futures were modestly higher on Wednesday, suggesting that the market may fight to retain the upward momentum it picked up since the start of 2023. Inflation watch, however, could induce nervousness among traders, prompting some to step to the sidelines. What Happened: On ...

Trading in the U.S. index futures points to a positive start by Wall Street stocks on Monday. With not much going around, traders may turn to a Fed speech, any potential preannouncements and energy prices for trading cues. What Happened: U.S. stocks closed the week ending Jan. 6 on a positive...

The major averages closed uniformly higher on Monday, reversing from the previous week’s losses. The buying spree may partly be attributed to profit-taking as some of the stocks got cheaper after a near-term uptrend that topped out in late November. What Happened: In an unusual move, even as...

The index futures point to a sharply higher opening on Tuesday, as the November consumer price inflation report came in notably below October levels and the consensus expectations. U.S. stocks launched into a strong rally on Monday, capitalizing on bargain-hunting following recent losses. Oil...

This week has some key catalysts, including the consumer price inflation report for November, the Federal Open Market Committee meeting and the November retail sales report. What Happened: The big macro numbers and important Fed meetings are a drag, which obscure actual opportunities, CNBC “...

The SPDR S&P 500 ETF Trust (NYSE: SPY) has lost about 16% for the year-to-period, as macroeconomic uncertainties and geopolitical tensions continued to roil the markets. Analysts have been sounding out a market bottom as we enter the final leg of the year, which also happens to be its...

Ross Gerber, the co-founder of Gerber Kawasaki Wealth & Investment Management, came out all guns blazing against the monetary policy stance of the Federal Reserve under its Chair Jerome Powell. What Happened: The U.S. economy is clearly failing, Gerber said. Substantiating his claim, he...